Mark Changizi

And the reason it has to be like this is because it's decentralized and there's no other way to do it. So, well, reputation is another decentralized currency. How do you get it so that within a community, social community, you can make sure that when I had an argument with you and you won, I don't go around later and say, oh, actually, I won that argument. I totally humiliated Jordan.

I could just start lying about the past, about what happened. It's like me saying, no, actually, you gave me the Bitcoin. I didn't give you the Bitcoin. We call it double spending. I give you Bitcoin, but I still have the Bitcoin because the ledger is not keeping track of the fact that I gave it to you. This would undermine a currency. Nothing would work.

I could just start lying about the past, about what happened. It's like me saying, no, actually, you gave me the Bitcoin. I didn't give you the Bitcoin. We call it double spending. I give you Bitcoin, but I still have the Bitcoin because the ledger is not keeping track of the fact that I gave it to you. This would undermine a currency. Nothing would work.

I could just start lying about the past, about what happened. It's like me saying, no, actually, you gave me the Bitcoin. I didn't give you the Bitcoin. We call it double spending. I give you Bitcoin, but I still have the Bitcoin because the ledger is not keeping track of the fact that I gave it to you. This would undermine a currency. Nothing would work.

So the same problems that decentralized currencies have that lead to blockchain is why we end up with social narratives. Social narratives are the answer that we already had up and running. Social narratives are the human social group's way of remembering, okay, this week,

So the same problems that decentralized currencies have that lead to blockchain is why we end up with social narratives. Social narratives are the answer that we already had up and running. Social narratives are the human social group's way of remembering, okay, this week,

So the same problems that decentralized currencies have that lead to blockchain is why we end up with social narratives. Social narratives are the answer that we already had up and running. Social narratives are the human social group's way of remembering, okay, this week,

uh mark lost social capital to jordan and susie lost it to betty and there's like we keep track and we keep track of these little stories the most stories that we remember are one stories about like the argument that we had mark was being a douchebag but it's also really about the mark lost social capital to jordan because of those things those things are helping me remember how much social capital that i lost so

uh mark lost social capital to jordan and susie lost it to betty and there's like we keep track and we keep track of these little stories the most stories that we remember are one stories about like the argument that we had mark was being a douchebag but it's also really about the mark lost social capital to jordan because of those things those things are helping me remember how much social capital that i lost so

uh mark lost social capital to jordan and susie lost it to betty and there's like we keep track and we keep track of these little stories the most stories that we remember are one stories about like the argument that we had mark was being a douchebag but it's also really about the mark lost social capital to jordan because of those things those things are helping me remember how much social capital that i lost so

And there's often people that are good at gossip. These are the people that are good at minors. These are like, or proof of, well, one is proof of stake. They own a lot of, they're already high reputation people in the community. These are like people who own a lot of Bitcoin, say, or some other currencies.

And there's often people that are good at gossip. These are the people that are good at minors. These are like, or proof of, well, one is proof of stake. They own a lot of, they're already high reputation people in the community. These are like people who own a lot of Bitcoin, say, or some other currencies.

And there's often people that are good at gossip. These are the people that are good at minors. These are like, or proof of, well, one is proof of stake. They own a lot of, they're already high reputation people in the community. These are like people who own a lot of Bitcoin, say, or some other currencies.

And then they can say, we have a higher vote as to whether a new block comes onto the chain. And they're worthy of listening to because they care about the validity, whether that currency stays good. So gossipers are typically high reputation. ranked reputation people in the community, and they spin stories about what happened, sort of accumulating.

And then they can say, we have a higher vote as to whether a new block comes onto the chain. And they're worthy of listening to because they care about the validity, whether that currency stays good. So gossipers are typically high reputation. ranked reputation people in the community, and they spin stories about what happened, sort of accumulating.

And then they can say, we have a higher vote as to whether a new block comes onto the chain. And they're worthy of listening to because they care about the validity, whether that currency stays good. So gossipers are typically high reputation. ranked reputation people in the community, and they spin stories about what happened, sort of accumulating.

They come up with simpler versions of whatever happened that helps it, remember, it gets added to the chain. And often gossip is really easy to check that it's preserving what actually happened in the community, but it's really hard to come up with good gossip. Good gossip that elegantly explains the happenings of the week

They come up with simpler versions of whatever happened that helps it, remember, it gets added to the chain. And often gossip is really easy to check that it's preserving what actually happened in the community, but it's really hard to come up with good gossip. Good gossip that elegantly explains the happenings of the week

They come up with simpler versions of whatever happened that helps it, remember, it gets added to the chain. And often gossip is really easy to check that it's preserving what actually happened in the community, but it's really hard to come up with good gossip. Good gossip that elegantly explains the happenings of the week

Like a really condensed narrative, easy to verify, hard to come up with. Only certain kinds of individuals are good to come up with. So these are a lot similar to what's called proof of work. Proof of works are things that are really hard to do this work to glue one block to the next, but they're really easy to verify that it's a correct solution.